The European Single Day-Ahead Coupling (SDAC) confirms the successful integration of BRM’s trading platform into SDAC. As of 19 November 2024, BRM (Romanian Commodities Exchange) has officially commenced operations as the second Nominated Electricity Market Operator (NEMO) in the Romanian Market Area under SDAC.
The integration of BRM’s trading platform into SDAC marks another important milestone towards increasing the efficiency of the single European Electricity Market. Market participants will benefit from an Electricity Market that becomes more liquid and therefore increasingly competitive. More market participants are joining SDAC, allowing for more assets to react to price signals and thereby adding flexibility and reducing price volatility.
About SDAC
SDAC allocates scarce cross-border transmission capacity in the most efficient way by coupling wholesale electricity markets from different regions through a common algorithm, simultaneously taking into account cross-border transmission constraints, thereby maximising social welfare.
The aim of SDAC is to create a single pan European cross zonal day-ahead electricity market. An integrated day-ahead market increases the overall efficiency of trading by promoting effective competition, increasing liquidity, and enabling a more efficient utilisation of generation resources across Europe.
For additional information on SDAC go to:
http://www.nemo-committee.eu/sdac
https://www.entsoe.eu/network_codes/cacm/implementation/sdac/
About BRM
BRM (Romanian Commodities Exchange) is a prominent entity in Romania's energy sector, offering a diverse range of trading solutions that enhance market efficiency and integration within Romania and the broader European context. Serving various market participants—from large-scale utilities to smaller traders—BRM is dedicated to fostering a transparent and resilient trading environment that supports market flexibility and the incorporation of renewable energy sources.
About Nord Pool
Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. In 2023 the company, which is majority owned by Euronext, celebrated 30 years of powering the market. Nord Pool offers day-ahead and intraday trading, clearing and settlement, and additional services, to customers regardless of size or location. Today 370 businesses from 20 countries trade on Nord Pool’s markets.
Nord Pool operates markets in the Nordic and Baltic regions, Germany, Poland, France, The Netherlands, Belgium, Austria, Luxembourg and the UK. Nord Pool is a Nominated Electricity Market Operator (NEMO) in 16 European countries, while also servicing power markets in Bulgaria, Croatia and Georgia. In 2023 Nord Pool had a total turnover of 1103.83 TWh traded power.
Nord Pool’s three decades of power market experience is built on offering flexibility, transparency, innovation, greater choice and participation to our customers.
For more information, please contact:
Stuart Disbrey
Communications Director
[email protected]
Irene Zeier
Communications Director
[email protected]
Oslo, 20 November 2024